BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

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Last Price

0.66

Today's Change

0.00 (0.00%)

Day's Change

0.655 - 0.665

Trading Volume

11,114,500


45 people like this.

72,559 comment(s). Last comment by Gabriel Khoo 12 hours ago

KML889

1,092 posts

Posted by KML889 > 2023-06-07 09:29 | Report Abuse

While you guys busy squandered, added more and more at the lowest price as of now. Once in a life time chance if you missed the up cycle from beginning of the year

Mikecyc

47,016 posts

Posted by Mikecyc > 2023-06-07 09:30 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2023-06-07 09:36 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2023-06-07 09:40 | Report Abuse

6) 2011 relisted..2012 to 2014 make profit..2015 to 2018 make loss ..also make impairment rm 4.4 bil in 4 years..so fishy where r the money gone ??

7) The big boss AK being sue by India government in 2014...and 2015 start Armada make losses..

8) the big boss sue by India government together with Astro ex deputy executive chairman on Maxis money flow to India 5 times more than permitted.how..india minister father n son being sued also on corruption.

9) AK investment in India Aircel rm 25.7 bil go to drain as Aircel is apply insolvency bankrupt with debt rm 11.88 bil ...Aircel had sacked 2000 employee on August'2019..Maxis is Aircel ownership of 74%..

nicky

3,359 posts

Posted by nicky > 2023-06-07 09:44 | Report Abuse

Really threw down by syndicates.................

Mikecyc

47,016 posts

Posted by Mikecyc > 2023-06-07 09:50 |

Post removed.Why?

nicholas99

9,919 posts

Posted by nicholas99 > 2023-06-07 09:51 | Report Abuse

ppl sell like mad.

GoldenShares

3,544 posts

Posted by GoldenShares > 2023-06-07 09:51 | Report Abuse

next week will see margin call and force selling, don't play play

KimSua

527 posts

Posted by KimSua > 2023-06-07 09:55 | Report Abuse

not much buying support beyond 0.47, expect shorts to continue for next few days

xuxu

5,905 posts

Posted by xuxu > 2023-06-07 09:59 | Report Abuse

we can't stop ppl to sell, but just can accumulate hehe

nicky

3,359 posts

Posted by nicky > 2023-06-07 10:00 | Report Abuse

I think next support will be RM0.44

KoiFish

117 posts

Posted by KoiFish > 2023-06-07 10:07 | Report Abuse

As usual, no holding power dun come. It is a good stock if you can hold it

MM78

604 posts

Posted by MM78 > 2023-06-07 10:08 | Report Abuse

Just accumulate in batches as the price fluctuates, as a means of averaging the risks

Vicky

1,635 posts

Posted by Vicky > 2023-06-07 10:12 | Report Abuse

Gap down...get ready for the slide

Mikecyc

47,016 posts

Posted by Mikecyc > 2023-06-07 10:13 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2023-06-07 10:17 |

Post removed.Why?

nicholas99

9,919 posts

Posted by nicholas99 > 2023-06-07 10:20 | Report Abuse

mabel the cat stuck at sapnrg ka?

nicholas99

9,919 posts

Posted by nicholas99 > 2023-06-07 10:21 | Report Abuse

maybe later he will cut loss and come say lucky i cut loss before gg.

nicky

3,359 posts

Posted by nicky > 2023-06-07 10:28 | Report Abuse

..if wanna play rebound need to wait another few days.at least after T3

GoldenShares

3,544 posts

Posted by GoldenShares > 2023-06-07 10:30 | Report Abuse

yes, margin call reminder out today, expect next week below 0.45

Mabel

24,541 posts

Posted by Mabel > 2023-06-07 10:38 | Report Abuse

Mikecyc Haha Kon Mabell is mentally delusion in SD loh … Promoted TG at RM 7.25 to below RM 0.60 n Promoted SD at RM 0.57 n RM 0.42 in TG …

promoted Dnex at RM 1.02 .. now in Sapnrg loh … hahaha
07/06/2023 10:17 AM

nicholas99 mabel the cat stuck at sapnrg ka?
07/06/2023 10:20 AM

Haha SD, TG and Dnex all already lock profit. Old stories mah. why you all loves oldies.

For Trading, now Mabel is investing in Armada, Sapura and Air Asia. The later 2 are PN17 Companies. Ironically the two PN17 Companies are performing better than Armada in term of trading P&L.

Haha yesterday Mabel re-enter at 49.5 and 49 sen. Yes at current price of 47, Mabel is temporarily stuck. Hopefully not for long. Waiting for rebound after T3. Here's the latest weather forecast by Wall Streets.

Bumi Armada Berhad
ARMADA
Share Price 7 Day 1 Year
0.48 -24.8% 9.0%


Price target decreased by 11% to RM0.66.
Down from RM0.74, the current price target is an average from 13 analysts.
New target price is 36% above last closing price of RM0.48.
Stock is up 9.0% over the past year.
The company is forecast to post earnings per share of RM0.12 for next year compared to RM0.12 last year.

The big money is not in the buying and selling, but in the waiting. So we wait lor...

Meow

Bon888

3,381 posts

Posted by Bon888 > 2023-06-07 10:39 | Report Abuse

If Armada management keep silent without any update, the price could break 0.40.

nicholas99

9,919 posts

Posted by nicholas99 > 2023-06-07 10:41 | Report Abuse

cannot ma.. macam ataims. how to update?

Mabel

24,541 posts

Posted by Mabel > 2023-06-07 10:43 | Report Abuse

Hopefully Armada Management will cum with a statement soon..

They should..

Meow

nicholas99

9,919 posts

Posted by nicholas99 > 2023-06-07 10:44 | Report Abuse

Armada Management : yes, we are like ataims..
Mabel: Run..

joyvest

10,584 posts

Posted by joyvest > 2023-06-07 10:44 | Report Abuse

No need to wait. The said incident is said to last for at least 6 months. The upcoming 2 and or 3 QRs are believed to be down.

KoiFish

117 posts

Posted by KoiFish > 2023-06-07 10:46 | Report Abuse

Dun come out and cheat ppl la.

Meow

joyvest

10,584 posts

Posted by joyvest > 2023-06-07 10:48 | Report Abuse

Dont give me this excuse " one man's meat is another man's poison". The unfortunate incident has been materialised whether you like it or not.

Vicky

1,635 posts

Posted by Vicky > 2023-06-07 10:48 | Report Abuse

Loosing altitude now. Gap down again...

shiji93

47 posts

Posted by shiji93 > 2023-06-07 10:51 | Report Abuse

New to Armada what would be the safe entry price?

joyvest

10,584 posts

Posted by joyvest > 2023-06-07 10:54 | Report Abuse

Dont be self-deceiving by saying" everything is going to be all right " and/or " trust the management of Armanda " etc etc..The management should have known better and dealt with it before it was made a big proportion out of it

nicholas99

9,919 posts

Posted by nicholas99 > 2023-06-07 10:55 | Report Abuse

sure the management has no way to deal with it. only the news come out..

KoiFish

117 posts

Posted by KoiFish > 2023-06-07 10:55 | Report Abuse

safe entry price would be 0.20

Mabel

24,541 posts

Posted by Mabel > 2023-06-07 10:58 | Report Abuse

No need to blame anyone. Just do your own DD. All material shared in this forum, we can use as our guideline. Here's more from the IBs..

Date Open Price Target Price Upside/Downside Price Call Source News
07/06/2023 0.485 0.48 -0.005 (1.03%) SELL JF APEX Price Target News
06/06/2023 0.525 0.73 +0.205 (39.05%) BUY RHB-OSK Price Target News
06/06/2023 0.525 0.70 +0.175 (33.33%) BUY PUBLIC BANK

Meow

Mabel

24,541 posts

Posted by Mabel > 2023-06-07 11:00 | Report Abuse

Mikecyc Haha someone mentioned Kon TutTut n Kon Mabell :


Haha The most despicable one is Kacukan Tipuu TutTut/ Stingray / Ularsawa after got Attention in TSH …play Wayang on Recruitment , Telegram RM 100 membership fees pun mau main Tipuu Tipuu :
07/06/2023 10:13 AM

Yes Sifu Mickey Mouse,

TutTut is another gentleman. Mabel is a a gal..

Meow

Mabel

24,541 posts

Posted by Mabel > 2023-06-07 11:02 | Report Abuse

Bumi Armada May Resolve FPSO Vessel's Operations Suspension Soon -- Market Talk

Jun 6, 202310:20 GMT+8

Bumi Armada may resolve its Armada Kraken floating production storage and offloading vessel's suspension of operations in the short term, RHB IB analyst Sean Lim says in a note. He doesn't expect a "lumpy vessel impairment." Based on Lim's estimate, the Armada Kraken FPSO will generate about 30% to 35% of 2023 earnings. He therefore cuts his 2023 earnings forecast for the company by 14%, assuming a three-month interruption and additional maintenance expenses. RHB lowers Bumi Armada's target price to MYR0.73 from MYR0.80 but maintains a buy rating due to its attractive valuation and strengthening balance sheet. Shares are 21% lower at MYR0.50. (yingxian.wong@wsj.com)

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-07 11:09 | Report Abuse

then is a BUY BUY BUY call

Mabel

24,541 posts

Posted by Mabel > 2023-06-07 11:09 | Report Abuse

Armada Technical chart doesn't look nice after yesterday's drop.

Now trading below 20,50,100 and 200 MA. Currently oversold..

Mabel will cum back when Armada is ready to dance..

All the best guys..

Meow

nikicheong

2,560 posts

Posted by nikicheong > 2023-06-07 11:10 | Report Abuse

Some slight positive news:

Work on Mumbai FSRU starts again

https://www.petrowatch.com/synopsis.php?artId=20889&w=1

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-07 11:12 | Report Abuse

Kraken is the main pillar for Armada. The turnaround is all depends on Kraken. If it fails, Armada will collapse. Don't forget, 5bil debt still in the book. Kraken still need to stand strong until mid-2025 (end of the contract term), to make Armada stable. Otherwise....all the way to LONGKANG.

Medusa

537 posts

Posted by Medusa > 2023-06-07 11:16 | Report Abuse

If follow Medusa reach 40c collect sikit dulu

Listen other Holland coming on the way

Kikiki…

joyvest

10,584 posts

Posted by joyvest > 2023-06-07 11:17 | Report Abuse

Nope, most IB maintain " sell " calls.... It is believed that the Income would be reduced by about 43%. Hence, what was mentioned above by someone is misleading.

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-06-07 11:19 | Report Abuse

bought 100k units @ 465. play small small to see wayang

joyvest

10,584 posts

Posted by joyvest > 2023-06-07 11:24 | Report Abuse

It is worth just to have skin in it. Basically, it is untouchable

Posted by sense maker > 2023-06-07 11:36 | Report Abuse

45.5. Wow

joyvest

10,584 posts

Posted by joyvest > 2023-06-07 11:42 | Report Abuse

Cutting losses in the process fast and furious which is demonstration of the investors to be losing patience and faith in the company.

Posted by sense maker > 2023-06-07 11:42 | Report Abuse

From 73sen to 45sen.

xuxu

5,905 posts

Posted by xuxu > 2023-06-07 11:43 | Report Abuse

wowow very long red candle ~

MichelleNg

1,031 posts

Posted by MichelleNg > 2023-06-07 11:43 | Report Abuse

6 months major down time may lead to pn17. Big players doing portfolio balancing....the downtrend may take few months too

Mikecyc

47,016 posts

Posted by Mikecyc > 2023-06-07 11:44 |

Post removed.Why?

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